Oil rebound and Hormuz coalition hopes cautiously lift global markets

Global markets are trading with a cautiously positive tone today as a sharp rebound in oil prices above $95 per barrel supports risk appetite. The main driver is growing anticipation of a potential Hormuz Coalition announcement later this week, which investors hope will improve geopolitical stability around key shipping lanes and reduce the risk of major disruptions to global energy supplies. Higher oil prices are boosting energy-related shares and signaling confidence in near-term demand, but the move also raises concerns about future inflation and costs for businesses and consumers. As a result, major indices are only slightly higher, with gains modest and trading relatively flat overall. The broader backdrop is one of investors waiting for concrete details on the coalition plan before making larger portfolio shifts, keeping market moves contained even as energy markets react more strongly.